Meeting Scheduled On Third Budget Plan

Coventry News Notes

A town budget proposal will once again be subject to questions from citizens Wednesday at the year's third town meeting.

The meeting will be held at 7:30 p.m. in Coventry High School's gymnasium.

The current $19.7 million budget proposal for 1997-98 includes more than $200,000 in cuts that were made as the result of budget-plan rejections in two referendums this year. The new proposal calls for a 3 percent increase over current spending.

With a proposed tax rate of 23.6 mills, the average taxpayer with property assessed at $85,400 would pay about $40 more per year under the plan.

The budget proposal rejected June 10 would have raised the tax rate to 23.9 mills, increasing an average tax bill by $59 per year. The first budget plan, rejected May 6, called for a 24.2-mill tax rate, or an average of $100 more in taxes.